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3 years ago

A revenue center manager:

Business

1 answer:

stira [4]3 years ago

4 0

Answer:

d. may be involved with the sale of new marketing programs to clients.

Explanation:

A revenue center manager -

It refers to the person , who is responsible for the generation of the sales , is referred to as a revenue center manager .

A good revenue center manager is determined by his or her ability to generate the sales , not by the cost incurred .

Hence , from the given question,

The correct option is d.

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Sunland Co. uses the retail inventory method. The following information is available for the current year. Cost Retail Beginning

pantera1 [17]

Answer:

Sunland Co.

The calculation of the cost ratio should be based on cost and retail of $1,581,000 and $2,288,500 respectively.

Explanation:

a) Data and Calculations:

Cost Retail Cost to Retail Ratio

Beginning inventory $ 318,000 $494,000

Purchases 1,240,000 1,720,000

Freight-in 23,000 —

Employee discounts — 8,500

Net markups — 66,000

Goods available for sale $1,581,000 $2,288,500 69.08%

Less:

Net markdowns — 86,000

Sales revenue — 1,620,000

Estimated ending Inventory at retail $582,500

Estimated ending Inventory

at cost $402,391 ($582,500 * 69.08%)

Calculation of the cost ratio = $1,581,000/$2,288,500 * 100 = 69.08%

3 0

3 years ago

If the month-end bank statement shows a balance of $36,000, outstanding checks are $10,000, a deposit of $4,000 was in transit a

Misha Larkins [42]

Answer:

c) $30,600

Explanation:

Bank statement balance = $36,000

Outstanding checks = ($10,000)

Deposit in transit as at month end = $4,000

Erroneous check charged = $600

Correct balance in the bank account = $36,000 - $10,000 + $4,000 + $600

= $30,600

The right option is c) $30,600

3 0

3 years ago

A resident of California sells Nevada real estate in an installment sale. In the current year he receives a return of principal

shepuryov [24]

Answer:

The taxable income is $13000

Explanation:

The sell by California resident = $10000

The taxable gains = $2000

Given interest rate = $1000

Since during the year total amount received is the return of principal, gains, and interest rate. Therefore total amount = 10000 + 2000 + 1000 = $13000

Thus, the total amount received during the years is California taxable income.

7 0

3 years ago

Solomon Ski Company manufactures snow skis. During the most recent accounting period, the company’s finishing department transfe

LiRa [457]

The various costs for Solomon Ski Company during the recent accounting period are determined as follows:

1. Cost per equivalent unit is <u>$65.</u>

2. Cost of finished goods transferred out from the finishing department is <u>$269,750</u>.

3. Cost of the ending WIP inventory is <u>$15,600</u>.

<h3>What is the cost per equivalent unit?</h3>

The cost per equivalent unit refers to the average cost per unit based on the total production costs divided by the total equivalent units of production.

The equivalent units of production depend on the degree or percentage of completion for the various cost classes.

<h3>Data and Calculations:</h3>

Transfer to finished goods = 4,150

Ending inventory = 480

Degree of completion of the ending inventory = 50%

Total equivalent units = 4,390 (4,150 + 480 x 50%)

Total production costs = $285,350

Cost per equivalent unit = $65 ($285,350/4,390)

Cost of finished goods = $269,750 ($65 x 4,150)

Cost of the ending WIP = $15,600 ($65 x 240)

Thus, equivalent units refer to the degree of work completed per unit.

Learn more about equivalent units of production at brainly.com/question/16259709

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7 0

2 years ago

Why do we have to pay for brainly? brainly should be a completely free to help children in need with work they dont understand a

Vitek1552 [10]

Answer:

You have to pay??? I don't‍♀️

6 0

3 years ago

Read 2 more answers